Kingfisher is the parent firm of B&Q, Screwfix and others - it operates more than 1,100 stores and various online channels in 10 European countries, with 74,000 employees. Adjusted pre-tax profit in 2015/16 was £686m, from total sales of £10.3bn.

In January, it outlined a five-year transformation plan, named One Kingfisher, with the goal of delivering an additional £500m of profit annually by the project's end, led by a six-point list of guiding principles.